Oil & Gas, VIA Closes New Energy Fund III-A to Cap $160MM in Active Funds

VIA Managing Director Adrian Garcia

Venture Investment Associates (VIA), a private equity fund-of-funds manager, has closed VIA Energy Opportunity III-A with $30MM in commitments.

VIA Energy Opportunity III-A’s investors are endowments, foundations, and family offices, as well as health care institutions and pension funds. The fund also includes a 1.5% commitment from its General Partner and additional commitments from employees of the firm and their families as limited partners.

VIA Energy Opportunity III-A Formed to take advantage of the broad-based downturn in the energy sector, and to-date more than 75% of the Fund has been invested or committed to underlying managers and co-investments.

Together with VIA Energy III, a predecessor energy fund, VIA’s energy program is actively making investments out of vehicles with over $160MM in commitments.

Led by Managing Directors Adrian Garcia and and Jason Andris, VIA operates energy funds that target lower-middle market investments in energy private equity managers focused on oil and gas exploration and production, midstream, services, and energy technology companies and assets located in North America and Europe.
Additionally, the funds selectively co-invest alongside their managers.

FinSMEs

26/12/2017

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